The US Economy: The Video
If left unchecked, the mark-to-market madness is likely to produce the following effect. (Make sure the sound is on.)
P.S. Is that Bernanke and Paulson at the wheel?
Have a good weekend. (At least try to.)
Musings on the Markets
If left unchecked, the mark-to-market madness is likely to produce the following effect. (Make sure the sound is on.)
P.S. Is that Bernanke and Paulson at the wheel?
Have a good weekend. (At least try to.)
Posted by Vinny Catalano, CFA at 12:33 AM
Labels: Central Banks, Market Discipline, US Consumer
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